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The broad market index, NSYE, looks to have hit resitance lines dating as far back as the low in 1987 of late, which looks to have slowed/stopped its upward momentum. Now this broad market index looks like it is breaking support dating back to the 2009 lows.
A key “kiss of resistance” is taking place at (3). Sometimes this kiss, can be a kiss good bye! Watch the NYSE very close as it tests the underside of resistance!